WHO WE ARE
During October 2009, AngloGold Ashanti Limited and De Beers announced the formation of a joint venture with the purpose of initially exploring for, and ultimately mining, gold and other minerals and metals, but excluding diamonds. The joint venture’s activities will be focussed on marine deposits located in the area between the high water mark and the edge of the continental shelf on a worldwide basis.
The joint venture established AuruMar as a technical services company that is jointly owned by AngloGold Ashanti and De Beers. The joint venture participants intend to develop AuruMar into a fully functional marine exploration and mining services company, including all the skills, expertise and further proprietary technology that it may develop or acquire within the joint venture.
“By combining one of the world’s most successful gold exploration teams with the foremost authority in ocean mining and exploration, we’re creating a powerful base to tackle this new frontier,: AngloGold Ashanti CEO Mark Cutifani said. “By building on our current terrestrial exploration, development and mining activities globally we’ll work to expand our resource base from an exciting array of shallow marine prospects".
AuruMar technical team:
| General Manager: |
Paul Bosma |
| Engineering Manager: |
Gary van Eck |
| Geology Manager: |
Mike Williamson |
| Commercial Manager: |
Herman Wessels |
| South Africa Sea Areas Venture Manager: |
Neil Fraser |
| Venture Manager: |
Urban Burger |
| New Venture Consultant: |
Barry Bayly |
| Senior Spatial Analyst: |
Dr P. Saravanakumar |
| Sampling Geologist: |
Jackie Gauntlett |
Partners:
De Beers Marine
AuruMar has entered into an exclusive technical services agreement with De Beers Marine (DBM) for the provision of geophysical and sampling services. DBM is an ISO 14001 and OHSAS 18001 certified company and has extensive experience in the exploration for and mining of marine deposits on the continental shelf of south western Africa.
